(TANGERE) Half of Filipinos support the proposed Maharlika Investment Fund—a wealth fund that the government can use for investments, a recent nationwide survey conducted by big data research firm Tangere found. In the survey results released on Monday, Dec. 19, Tangere CEO and founder Martin...
The National Economic and Development Authority (NEDA) has called for a swift enactment of the planned sovereign wealth fund to enhance the newly approved blueprint for the socioeconomic development of the country. Socioeconomic Planning Secretary Arsenio M. Balisacan said the proposed Maharlika...
While various big business groups have aired their opposition to the government’s plan to establish a sovereign wealth fund (SWF) called the Maharlika Investment Fund (MIF), the Philippine Stock Exchange came out to voice its support for the proposal. In a short statement, PSE President Ramon S....
Senate Minority Leader Aquilino “Koko” Pimentel III on Sunday, December 18 said the Senate minority bloc will make an attempt to block the passage of the proposed Maharlika Investment Fund (MIF) bill which they foresee to be a huge risk for the Philippines should it ever become a law. Pimentel...
Who says that the all-powerful House majority bloc had sole input on the controversial Maharlika Investment Fund (MIF) Bill? House Speaker Martin Romualdez (Speaker's office) House Speaker Martin Romualdez highlighted on Friday afternoon, Dec. 15 a provision in the bill for social welfare purposes...
The Senate awaits the transmission of the controversial Maharlika Investment Fund bill following its approval by the House of Representatives on Thursday, December 15. "They just passed it yesterday and we are now on a (Christmas) break. So logically nothing can be transferred or referred to us...
Opposition Senator Risa Hontiveros on Friday, December 16 criticized the apparent haste in which the President Ferdinand “Bongbong” Marcos Jr. and his allies in the House of Representatives railroaded the approval of the proposed Maharlika Wealth Fund bill calling it “premature” and a...
That the proposed Maharlika Investment Fund (MIF) took only 18 calendar days to get passed in the House of Representatives rubs Basilan lone district Rep. Mujiv Hataman the wrong way. Basilan lone district Rep. Mujiv Hataman (Facebook) Hataman was one of six congressmen who voted against the...
The Maharlika Investment Fund will have extensive effects and ramifications not only to our generation but potentially to future generations of Filipinos. ‘’Hence this should not be rushed. Haste makes waste,’’ Senate Minority Leader Aquilino "Koko" Pimentel III said on Friday, December 16...
Despite being in the legislative mill in the House of Representatives for a total of just 18 calendar days, the proposed Maharlika Investment Fund (MIF) underwent a lot of revisions and fine-tuning. Albay 2nd district Rep. Joey Salceda In fact, the measure, embodied in House Bill (HB) No.6608,...
Vice President Sara Duterte on Thursday, Dec. 15, chose to keep her silence regarding the proposed bill that would create the controversial Maharlika Investment Fund (MIF), a sovereign wealth fund set to be managed by the government to boost revenues it can use for infrastructure development and...
As expected by many, the House of Representatives approved on third and final reading on Thursday night the proposed Maharlika Investment Fund (MIF), which, if enacted, will serve as the Philippine sovereign wealth fund. (Ellson Quismorio/ MANILA BULLETIN) The proposed MIF, embodied in House Bill...
